North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) Short Interest Down 40.0% in January

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 42,031 shares, a drop of 40.0% from the December 31st total of 70,103 shares. Approximately 1.5% of the company’s shares are sold short. Based on an average daily trading volume, of 59,030 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 59,030 shares, the days-to-cover ratio is currently 0.7 days. Approximately 1.5% of the company’s shares are sold short.

Institutional Trading of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF

Several institutional investors have recently modified their holdings of QTPI. SMI Advisory Services LLC purchased a new position in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the 4th quarter valued at $20,852,000. Red Cedar Investment Management LLC lifted its holdings in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 63.6% in the 3rd quarter. Red Cedar Investment Management LLC now owns 327,100 shares of the company’s stock valued at $8,372,000 after purchasing an additional 127,100 shares during the last quarter. Merit Financial Group LLC acquired a new stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the 4th quarter valued at about $1,284,000. Jane Street Group LLC purchased a new position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the 1st quarter worth approximately $345,000. Finally, AdvisorNet Financial Inc acquired a new position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the third quarter worth approximately $311,000.

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Price Performance

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF stock opened at $25.72 on Friday. The company’s 50-day moving average is $25.71 and its 200 day moving average is $25.63. North Square RCIM Tax-Advantaged Preferred and Income Securities ETF has a 1-year low of $24.07 and a 1-year high of $26.30.

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Company Profile

The North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide high current income and long-term capital appreciation with a focus on tax-advantaged qualified dividend income. The portfolio holds preferred securities, REITs, and other income focused securities. QTPI was launched on Dec 19, 2024 and is issued by North Square.